01/09/2026
A short trading history doesn’t have to kill a good deal. With the right structure and a lender-ready story, it can bank.
Snapshot
Client: “Business A”, NSW
• Goal: Buy an established caravan dealership (going concern)
• Trading: 18 months under current ABN
• Challenge: goodwill-heavy price + limited financials
• Outcome: Tailored multi-facility structure arranged by Auscorp Finance
Our approach:
Positioning: Going-concern with verified performance and a conservative transition plan. Structure (illustrative): Term loan for goodwill with short IO; revolving floor plan on PPSR; chattel mortgage for equipment; modest working-capital line.
Example Only:
Price $1.05m; equity $120k; facilities $500k goodwill (P&I after 6-month IO), $350k floor plan, $150k chattel, $80k WC.
Risk mitigates:
Management accounts/BAS, 12 month cash flow with seasonality, buyer CV, stock/valuation & PPSR controls, clean ATO/bank, sensitivity testing confirming DSCR.
Ex*****on:
Staged approvals (floor plan first) and coordinated settlement.
Result
• Settled on time with day one working capital
• Seasonality-friendly ramp (short IO)
• Cash preserved via asset-backed funding
• Clear KPIs/covenants on stock turn and reporting
Why it banked?
Strong target, sensible equity, robust modelling and tight collateral controls. Thinking about buying an existing business? We’ll map the deal, build the credit pack and negotiate terms to fit your cash flow.
Auscorp Finance Vehicle, equipment & cashflow finance for Australian businesses.
Thank you for being a part of the Auscorp Finance family.
Tina Clark | 0403 543 674 | [email protected]
*Auscorp Finance Pty Ltd is a member of the Laurentide Financial Services Group, Credit License 385474
*Compliance: Illustrative only, not credit advice. Subject to approval, eligibility and verification.